BX vs. IBIT
BX (Blackstone Inc.) is a stock, while IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Over the past year, BX returned -6.72% vs -39.67% for IBIT. At a 0.35 correlation, their price movements are largely independent.
Performance
BX vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, BX achieves a -18.67% return, which is significantly higher than IBIT's -27.41% return.
BX
- 1D
- 1.58%
- 1M
- 4.16%
- YTD
- -18.67%
- 6M
- -17.07%
- 1Y
- -6.72%
- 3Y*
- 14.11%
- 5Y*
- 8.83%
- 10Y*
- 22.59%
IBIT
- 1D
- -0.03%
- 1M
- -21.94%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -39.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BX vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BX Blackstone Inc. | -18.67% | -7.84% | 45.51% |
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
Correlation
The correlation between BX and IBIT is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.35 |
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Return for Risk
BX vs. IBIT — Risk / Return Rank
BX
IBIT
BX vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackstone Inc. (BX) and iShares Bitcoin Trust ETF (IBIT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BX | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.65 | ||
| Sortino ratioReturn per unit of downside risk | +1.14 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.85 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.22 | -0.78 | +0.57 |
| Martin ratioReturn relative to average drawdown | -0.40 | -1.37 | +0.97 |
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Drawdowns
BX vs. IBIT - Drawdown Comparison
The maximum BX drawdown since its inception was -88.09%, which is greater than IBIT's maximum drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for BX and IBIT.
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Drawdown Indicators
| BX | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.09% | -52.11% | -35.98% |
Max Drawdown (1Y)Largest decline over 1 year | -44.76% | -52.11% | +7.35% |
Max Drawdown (3Y)Largest decline over 3 years | -46.50% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -49.29% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -49.29% | — | — |
Current DrawdownCurrent decline from peak | -35.07% | -49.45% | +14.38% |
Average DrawdownAverage peak-to-trough decline | -26.39% | -16.53% | -9.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.20% | 29.64% | -5.44% |
Volatility
BX vs. IBIT - Volatility Comparison
Blackstone Inc. (BX) and iShares Bitcoin Trust ETF (IBIT) have volatilities of 12.67% and 12.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BX | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.67% | 12.07% | +0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 28.51% | 34.45% | -5.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.98% | 44.10% | -9.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.41% | 50.26% | -10.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.79% | 50.26% | -14.47% |
Dividends
BX vs. IBIT - Dividend Comparison
BX's dividend yield for the trailing twelve months is around 4.05%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BX Blackstone Inc. | 4.05% | 3.04% | 2.00% | 2.54% | 6.66% | 2.76% | 2.95% | 3.43% | 8.12% | 7.25% | 6.14% | 11.76% |
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BX and IBIT have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BX has higher volatility (12.67%) compared to IBIT (12.07%). In terms of maximum drawdown, BX dropped -88.09% vs IBIT's -52.11%.
BX currently has the higher Sharpe Ratio (-0.28 vs -0.92), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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